An economic analysis of how the rural poor in Vietnam cope with income shocks

Thi Hoang Giang Nguyen

Research output: ThesisDoctoral Thesis

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Abstract

We study the responses of poor Vietnamese rural households to income shocks using survey panel data. The research results are as follows. Households smooth consumption against idiosyncratic income shocks due to ill health, but not against covariate income shocks, such as floods, that affect the whole community. Second, households smooth productive assets against all shocks. Third, income shocks change the risk preferences of households: lower income household heads are more risk averse; but some very low income households are risk-seeking. Fourth, strategies that diversify income sources increase the resilience of household income to shocks.
Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • The University of Western Australia
Supervisors/Advisors
  • White, Ben, Supervisor
  • Ma, Chunbo, Supervisor
Thesis sponsors
Award date12 Feb 2018
DOIs
Publication statusUnpublished - 2018

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